Technical Analysis : GBP/USD 30 September 2022

Forex Technical Analysis : GBPUSD

Date : 30 September 2022

Pivot point : 1.1040

Our preference : long positions above 1.1040 with targets at 1.1180 & 1.1240 in extension.

Alternative scenario : below 1.1040 look for further downside with 1.0970 & 1.0910 as targets.

Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances :

1.1290 **
1.1240 *
1.1180
1.1116 – Last price
1.1040
1.0970 *
1.0910 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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